The economic legacies of war identified in comparative research on conflict economies are relevant in recognizing the true nature of the Palestinian economic predicament: structural deterioration and sustained negative growth; declining export capacity and emergence of an unsustainable trade gap; fiscal pressures as expenditures outpace revenues and the budget deficit widens; a shift towards non-traded activities and de-formalization of the economy; and deterioration of real incomes, per capita consumption and savings, greater external dependence and extended poverty.
Resultados macroeconómicos y evolución global 8 - 17 7